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20121112
20121120
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. >> the statistics that you can present to you is that when ronald reagan ran for reelection in 1984, similar situation come here to raise money for his primary and the party even though he took the public general election funding, he attended for fundraisers in that year. what are we doing where we have a president running around? as i recall, the nevada event that romney hit import into the rushing off after libya was a fundraiser. a fourth of his time in office is this election year and a spinning it at fundraisers. and romney is getting videotaped at his fundraisers talking about the 47% in a private, closed room with people, that's what they want to hear and that's who he is meeting with all the time. so this is a problem for i think both sides, and we're going to see that pressure, the money pressure in the house and senate races. >> we'll have a minute left but i would love to hear if there is action of some sort taken to compel disclosure or to higher degree of independence or whatever steps, measures you face. conjure a vision of the future two, three, four cycles down the road what
. bill bradley and i started with the first bill on this, and then ronald reagan picked it up and really carried at, and we got it done in a bipartisan way. when we did our original bill, we took out a mortgage deduction, we took out the charitable deduction, we took out everything, and we got right down to christie, it was 10%, 50%, 25% was the top rate, and we thought it was an elegant bill, but it could not pass muster political. we had all the real estate people and all the mortgage bankers and everybody came to town and said you get rid of the mortgage interest deduction is the end of the world, so we lost that. and all the university presidents and all the priests and all the other charities came and said you cannot get rid of that. the only thing we call on to was state and local income tax, and how we hang -- hung on to that i would never know. in the end, we were able to lower individual rates by taking more money from the corporate side, which i do not think you can do now. everybody is saying that corporate rate is too high in america, said to be competitive we have to get at
, stagflation. in 1980, a very, very different president got elected. ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on small businesses and entrepreneurs, reagan limited regulation and the result was one of the most extraordinary bursts of economic productivity our nation has ever seen. the fourth year of reagan's presidency was 1984, the same as the fourth year of obama's presidency. anyone know what g.d.p. growth was in 1984, 7.2%. our ideas work. their ideas don't. if you want growth, if you want jobs. if you want the 23 million people struggling to find work to get jobs, the answer is simple. you need growth and to get growth, you got to reduce and simplify the tax bu
Search Results 0 to 2 of about 3